Rohas Tecnic Berhad, an investment holding company, engages in the fabrication of steel towers that are used for power transmission and telecommunication activities. It operates through three segments: Fabrication of Towers; Engineering, Procurement, Construction and Commissioning (EPCC); and Others. The Fabrication of Towers segment engages in the manufacture, design, fabrication, and erection of power transmission and telecommunication towers. The EPCC segment is involved in the mechanical and electrical engineering activities; provision of procurement and construction contractor services for water and sewage treatment plants; operation of a hot-dip galvanizing plant; and electrification and power plant refurbishment activities. The Others segment engages in the civil and infrastructure works; provides fabrication services for steel work and products; develops a mini-hydro plant; and offers steel skids and accessories for water tank related products. This segment is also involved in the fabrication of electrical substation structures and management activities. The company has operations in Malaysia, Australia, Bangladesh, Laos, China, Indonesia, and Myanmar. Rohas Tecnic Berhad is headquartered in Kuala Lumpur, Malaysia.
# Market cap RM 191.40 million
# Last 2 yrs profit RM 16.1- RM 17.3 million
# Earning are forecast to grow 24.96 % per year.
# Earning grew by 54.7 % over the past year.
# Earning forecast to growth (25% per year) is above the savings rate (3.9%).
# PE 12
# EPS RM 0.0353
# FUTURE ROE 7.9%
# ROCE 11.4% ( last year )
# Revenue ( Dec 2019 ) RM 578.679 million / per yr
Earning RM 48.58 million / per yr
Profit margin 8.40%
# Debt 30 June 2019 RM 99.65 million
# Equity RM 355.705 million
Debt Level: debt to equity ratio ( 28 %) is considered satisfactory.
# Cash & short term imvestment RM 18.9 million.
# Receivable RM 324.5 million.
# Long term & other assets RM 95.6 million.
# Physical assets RM 54.6 million.
# Inventory RM 113 million.
# Account payable RM 131 million.
# Other liabilities RM 20.3 million.
# Dividend 2.47 %
# Current payout dividend to shareholders from earning 29 %.
# CEO Mr. Wai Yuan Leong has been Group Chief Executive Officer of Rohas Tecnic Berhad since December 31, 2017 and has been its Non-Independent Non-Executive Director of Rohas Tecnic Berhad since March 8, 2017. Mr. Leong served as Group Chief Operating Officer of Tecnic Group Berhad (Also known as REI Berhad). Prior to joining REI Berhad., Mr. Leong worked in various senior management and leadership position in foreign MNCs with proven track record in Corporate Strategy and Restructuring, Sales and Marketing Management, Lean and Cost Management, Supply Chain and General Management. He served as a General Manager for Malaysia, Singapore and Brunei of a leading Australian steel company with key accountability in P&L and Operations. He holds a Bachelor of Mechanical and Materials Engineering with Honors from the University of Malaya and a Masters of Business Administration majoring in Finance from Charles Sturt University, Australia. He is also a Member of the Malaysian Institute of Management (MIM).
# Rohas Tecnic Berhad is covered by 3 analyst.
Hong Leong Investment Bank Berhad : Ket Ee Sia Kenanga Research : Eng Chien Yeo RHB Research Institute Sdn Bhd: Heng Kong
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Noob Potato
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Posted by Noob Potato > 2020-06-10 16:58 | Report Abuse
still Undervalue